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Nikola Corporation (NKLAQ)
:NKLAQ
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-1.83Last Year’s EPS
-2.7Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in sales and sustainability, with strong customer feedback. However, financial challenges and cash constraints were prominent concerns.Company Guidance
During the third quarter of 2024, Nikola Corporation delivered several key metrics and guidance highlights. The company reported record sales of 88 hydrogen fuel cell electric trucks, aligning with their guidance range of 80 to 100 trucks for the quarter. Nikola reiterated its year-end guidance for fuel cell electric vehicle deliveries between 300 and 350 trucks. Year-to-date, there was a 78% increase in fuel cell electric vehicle fleet adoption and a 350% rise in hydrogen fuel dispensed at commercial stations. The company achieved a milestone of over 4 million validation miles across its fleet, avoiding more than 6,000 metric tons of CO2 emissions. Nikola continued expanding its dealer network, now totaling 19 locations across the U.S., and emphasized its position as a leading player in North America's heavy-duty fuel cell electric vehicle market with over 90% market share. Additionally, the company plans to deliver 10 HYLA fueling solutions by year-end and has recorded substantial growth in hydrogen dispensing, reaching over 210 metric tons year-to-date.Record Sales of Hydrogen Fuel Cell Electric Trucks
Nikola reported record sales of hydrogen fuel cell electric trucks with a 78% growth in fuel cell electric vehicle fleet adoption and a nearly 350% increase in hydrogen fuel dispensed at commercial stations.
Expansion of Dealer Network
Nikola expanded its dealer network for the first time since the launch of the fuel cell electric vehicle, allowing more access to both Nikola fuel cells and BEVs in Southern California.
Sustainability Achievements
Nikola's trucks have avoided over 6,000 metric tons of CO2 emissions, equivalent to emissions from over 1,500 gasoline-powered cars in a year.
Positive Customer Feedback and Adoption
Positive feedback and increased adoption from national fleet partners like J.B. Hunt, Kenan Advantage Group, and DHL for Nikola's trucks.
NKLAQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NKLAQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $0.12 | $0.13 | +8.33% |
Feb 20, 2025 | $0.47 | $0.44 | -6.38% |
Oct 31, 2024 | $4.23 | $3.93 | -7.09% |
Aug 09, 2024 | $7.80 | $8.44 | +8.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nikola Corporation (NKLAQ) report earnings?
Nikola Corporation (NKLAQ) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Nikola Corporation (NKLAQ) earnings time?
Nikola Corporation (NKLAQ) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NKLAQ EPS forecast?
NKLAQ EPS forecast for the fiscal quarter 2025 (Q1) is -1.83.